Culled—Proshare March 26, 2018/Vetiva  After series of discussions, MTN is cementing plans to list its Nigerian Business (“MTNN”), which is estimated to be worth about $6 billion, on the Nigerian Stock Exchange by H2’18. The company has obtained shareholder approval for the listing and is in the process of seeking […]

March 22, 2018/NSE Introduction The Exchange is proposing to add the Rules for Price Stabilization of Securities to the Rulebook of The Exchange (”Rulebook”) (Issuers’ Rules).  Summary of the Proposed Rules The stabilization of securities creates a regulatory framework for ’the buying of security for the limited purpose of [preventing […]

March 21, 2018/NSE Introduction Following an assessment of the current market structure, the Nigerian Stock Exchange (”The Exchange”) is embarking on changes to its equities market structure in order to create an optimal market design that facilitates improved market depth, liquidity provision and price efficiency. The new market structure will […]